Human Development | Psyops Prime https://psyopsprime.com An Idea Log Wed, 11 Nov 2026 16:37:02 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://creativecommons.org/licenses/by-nc-nd/4.0/ 99640787 Human Development and Economic Growth https://psyopsprime.com/uncategorized/human-development-and-economic-growth/?utm_source=rss&utm_medium=rss&utm_campaign=human-development-and-economic-growth https://psyopsprime.com/uncategorized/human-development-and-economic-growth/#respond Tue, 24 Mar 2020 11:21:59 +0000 http://psyopsprime.com/?p=2057 The development of its people is one of the principal objectives of an economy. To the ambit that greater capabilities and opportunities will improve the

The post Human Development and Economic Growth first appeared on Psyops Prime.]]> The development of its people is one of the principal objectives of an economy. To the ambit that greater capabilities and opportunities will improve the productivity of people, human development is also expected to have a positive influence on economic growth. The primary objective of this paper is to empirically examine whether human development significantly affects economic growth. We use panel data consisting of 25 developed and 25 developing countries from the year 2000 to 2014. The data has been collected from Human Development Report (UNDP) and World Development Indicators (World Bank). Ordinary least squares, fixed effects, and random effects models have been employed for the examination. One set of the equations uses HDI as an aggregated measure of human development. The second set uses health and education as dis-aggregated measures of human development to assess their separate effects on growth. A significantly positive relationship between HDI and economic growth can be found in the cases of both developed and developing economies. Life expectancy and primary gross enrollment ratio used as measures of health and education, respectively, impact economic growth negatively.

The Impact of Human Development on Economic Growth: A Panel Data Approach

38 Pages Posted: 24 Feb 2020 Date Written: January 28, 2020 The development of its people is one of the principal objectives of an economy. To the ambit that greater capabilities and opportunities will improve the productivity of people, human development is also expected to have a positive influence on economic growth.

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The post Human Development and Economic Growth first appeared on Psyops Prime.]]> https://psyopsprime.com/uncategorized/human-development-and-economic-growth/feed/ 0 https://creativecommons.org/licenses/by-nc-nd/4.0/ 2057